Discussion
Interesting change in direction today. Will it work? Maintaining the status quo doesn't. Brexit compensation has not materialised. So big, bold tax change could be the kick up the arse the country and economy needs. If we can become "singapore on sea" surely that is what is needed to compensate for brexit losses and undercut the Eu to entice talent and business to move here.
A lower tax rate than Scotland could be very amusing too....
A lower tax rate than Scotland could be very amusing too....
There is already a lower tax rate in England than Scotland. However, why is that amusing?
Forgetting politics, you have to look at that statement and consider prescription fees, tertiary education fees, health and social care provision, doctor and dental provision and the list can go on....
Forgetting politics, you have to look at that statement and consider prescription fees, tertiary education fees, health and social care provision, doctor and dental provision and the list can go on....
911sse said:
There is already a lower tax rate in England than Scotland. However, why is that amusing?
Forgetting politics, you have to look at that statement and consider prescription fees, tertiary education fees, health and social care provision, doctor and dental provision and the list can go on....
Because it gives high earning scots a choice, to escape the high taxation by moving south. Interesting challenge.Forgetting politics, you have to look at that statement and consider prescription fees, tertiary education fees, health and social care provision, doctor and dental provision and the list can go on....
Tom8 said:
Because it gives high earning scots a choice, to escape the high taxation by moving south. Interesting challenge.
Move south? As much as I look at our island with no borders, I'll stick to the health and education provision, vastly lower house prices and 1/10th of the population to clog up roads etc. No, we're just fine.OutInTheShed said:
Jurgen Schmidt said:
Was not really a ‘mini’ budget after all, was quite a biggy
Knocking 3% off the pound in one day, the new Chancer of the Exchequer has made his mark.Is there any betting on how long he lasts?
A weak pound is just as good and bad as a strong pound.
t at BEIS and he doesn't appear to have many qualifications to be in Number 11. Simpo Two said:
Is he supposed only to do things that please 'the market'?
A weak pound is just as good and bad as a strong pound.
A weak pound means higher oil and gas prices and every other import.A weak pound is just as good and bad as a strong pound.
It's good for those of us who have investments in USD, or can go abroad to earn strong currency.
It's an ill wind which blows no contractors any good!
Trickle down economics:
The idea that the interests of those living off the scraps from the rich man's table are best served by giving the rich man bigger meals.
Actually, trickle down is the right name. Of the flood of extra money being handed out to the richest, only a trickle will ever find it's way to the poorest.
The idea that the interests of those living off the scraps from the rich man's table are best served by giving the rich man bigger meals.
Actually, trickle down is the right name. Of the flood of extra money being handed out to the richest, only a trickle will ever find it's way to the poorest.
As of 2019/20 only 320,000 people in the U.K. earned salaries >£150k. £75k puts you into the top 6% of earners.
This whole things just a smoke screen, the governments put very very little on the table. No one’s benefiting from this latest ‘handout’, apart from the torys rich mates.
Taking care of bankers bonus and top top earners isn’t trickle down. It’s downright theft !!
This whole things just a smoke screen, the governments put very very little on the table. No one’s benefiting from this latest ‘handout’, apart from the torys rich mates.
Taking care of bankers bonus and top top earners isn’t trickle down. It’s downright theft !!
It’s difficult to understand the logic of some of the changes. Next is rumoured to be personal allowance changes for (presumably) those between £100 and £125k. It’s such a relatively small segment of earners that will benefit, and many would have been Tory voters anyway.
Meanwhile, they risk losing huge numbers of red wall votes and seats that helped deliver their large majority. Would be nice to see some actual investment plans rather than plans for tax cuts.
Meanwhile, they risk losing huge numbers of red wall votes and seats that helped deliver their large majority. Would be nice to see some actual investment plans rather than plans for tax cuts.
Tom8 said:
Interesting change in direction today. Will it work? Maintaining the status quo doesn't. Brexit compensation has not materialised. So big, bold tax change could be the kick up the arse the country and economy needs. If we can become "singapore on sea" surely that is what is needed to compensate for brexit losses and undercut the Eu to entice talent and business to move here.
A lower tax rate than Scotland could be very amusing too....
Singapore is already ‘on sea’.A lower tax rate than Scotland could be very amusing too....
Fusion777 said:
Meanwhile, they risk losing huge numbers of red wall votes and seats that helped deliver their large majority.
If they were stupid enough to believe Boris's lies and genuinely believed he was "one of us", I wouldn't bank on them even realising they've been conned.As someone in Hartlepool said as their reason for voting Tory, "Under Labour we didn't have a single food bank, but the Tories have given us 9."
TwigtheWonderkid said:
If they were stupid enough to believe Boris's lies and genuinely believed he was "one of us", I wouldn't bank on them even realising they've been conned.
As someone in Hartlepool said as their reason for voting Tory, "Under Labour we didn't have a single food bank, but the Tories have given us 9."
They may have been hoodwinked once, but I don't believe it'll happen again. Economic metrics may not roll off the tongue in pubs and betting shops, but people generally know if their lot/area/local services have improved or gotten worse over the last few years.As someone in Hartlepool said as their reason for voting Tory, "Under Labour we didn't have a single food bank, but the Tories have given us 9."
Fusion777 said:
TwigtheWonderkid said:
If they were stupid enough to believe Boris's lies and genuinely believed he was "one of us", I wouldn't bank on them even realising they've been conned.
As someone in Hartlepool said as their reason for voting Tory, "Under Labour we didn't have a single food bank, but the Tories have given us 9."
They may have been hoodwinked once, but I don't believe it'll happen again. Economic metrics may not roll off the tongue in pubs and betting shops, but people generally know if their lot/area/local services have improved or gotten worse over the last few years.As someone in Hartlepool said as their reason for voting Tory, "Under Labour we didn't have a single food bank, but the Tories have given us 9."
Anyway, saw a homeless bloke with no legs at the bus station yesterday, sitting on the pavement begging. I felt really sorry for him, so on the way home, I diverted thru the most affluent area in my town, and stuck £50 thru the letterbox of the biggest house. Mark my words, it won't be long before that £50 finds its way to the poor chap.
Fusion777 said:
They may have been hoodwinked once, but I don't believe it'll happen again. Economic metrics may not roll off the tongue in pubs and betting shops, but people generally know if their lot/area/local services have improved or gotten worse over the last few years.
It’s without any shadow of a doubt got worse at every measurable element here in Scotland but still everyone’s got a stonner for SNP. Generally people are just stupid, can’t see the woods for all the trees etc Gassing Station | Finance | Top of Page | What's New | My Stuff